27th May 2012: Noomi Rapace’s Different States

Noomi Rapace (Olaf Becker, The New York Times)

Karen Olsson’s New York Times Magazine profile of Swedish actress Noomi Rapace features some insights about managing different emotional, neurological and psychological states. “I want to keep being able to change into different shapes and different personalities,” Rapace told Olsson.


Rapace trained in Thai boxing for Lisbeth Salander in The Girl With The Dragon Tattoo (2009). She met with a psychiatrist for Daisy Diamond (2007). For Prometheus (2012), “Rapace tried to cultivate an explosive power. She wanted to be like a cat, she says, nimble and powerful but still feminine.”


Physical training enables Rapace to model and to access different emotional and psychological states:


In anticipation of each part she plays, Rapace chooses a training regimen (or, sometimes, a lack thereof) not simply to get in shape but to adjust her relationship with her body. To become Lisbeth Salander, she Thai-boxed and kickboxed, because she wanted to awaken her fighting spirit. Before appearing in “Sherlock Holmes: A Game of Shadows,” Rapace’s first Hollywood movie, she stayed away from the gym, which she said would have been wrong for her Victorian-era-gypsy role, but she studied with a gypsy-dance expert. And for “Passion,” the film she came to Berlin to do, she decided on Bikram yoga, because she felt that its regimented sequence of poses would appeal to her character, Isabelle — “a control freak,” she called her.


Rapace developed the ability to shift into different emotional and physical states during childhood but had to mediate this skill as a mother:


Once Rapace has taken on a role, her impulse is to part with the everyday world, which is to say her everyday consciousness, in favor of the character’s. “When I was younger, I went really deep, as deep as I could, leaving the world behind and stepping into another universe,” she says. “But when I had my son, I had to find a way to be aware of what’s what.”


Olsson captures the range of childhood experiences and acting roles that Rapace can draw on to shape her characters. These included living in Solheimar, Iceland, with Downs Syndrome people; playing alone and having early acting roles; judo training; and attending a Stockholm drama school where she experimented with her social persona. These developmental and learning contexts gave Rapace a repertoire of states of consciousness that she could anchor, chain, and use to design different acting experiences. On playing Blanche in Tennessee Williams’ A Streetcar Named Desire, Rapace said she was “The first character that was running through my veins. I was a little bit psychotic. After shows I didn’t remember what happened.”


For NLP and Ericksonian Hypnosis practitioners, there’s a wealth of material in Olsson’s profile of Rapace to work with. In childhood Rapace developed a controlled form of disassociation from external reality, inward trance, and the ability to access internal emotional, neurological and psychological states as resources. She could alter her subjective universe to become a different person and to move toward a frame of deep identification. She learned to mediate this in social personas — which stunned Hollywood executives who had expected her to be like Lisbeth Salander. Acting roles became a vehicle for creative experimentation and self-growth. When she finished a role, Rapace moved away from it. Physical training provided the kinasthetic anchors for her different states. Rapace thus conceived a strategy for state management that can be modelled and used in non-acting contexts.

8th May 2012: Wall Street Reading List

Wall Street Bull


A selection of what I’ve been reading the past two years about Wall Street, and developing a personal capability in applied finance, investment, money management, and trading.




Emanuel Derman’s My Life As A Quant.

K. Anders Ericsson’s Development of Professional Expertise.

Malcolm Gladwell’s Outliers.

Michael Goodkin’s The Wrong Answer Faster.

Daniel Kahneman’s Thinking, Fast and Slow.

Victor Niederhoffer’s The Education of a Speculator.

George Soros’s The Alchemy of Finance and Soros on Soros.

Josh Waitzkin’s The Art of Learning.




Aaron Beck’s Red-Blooded Risk and The Poker Face of Wall Street.

Peter Bernstein’s Against The Gods.

Andy Busch’s World Event Trading.

Aswath Damodaran’s Strategic Risk Taking.

Satyajit Das’s Traders, Guns and Money and Extreme Money.

Francis X. Diebold, Neil A. Doherty and Richard J. Herring’s The Known, The Unknown, and the Unknowable in Financial Risk Management.

John C. Hull’s Options, Futures, and Other Derivatives (8th edition).

John C. Hull’s Risk Management and Financial Institutions (3rd edition).

Ari Kiev’s The Psychology of Risk.

Roger Lowenstein’s When Genius Failed and The End of Wall Street.

Guy P. Wyser-Pratte’s Risk Arbitrage.

William Poundstone’s Fortune’s Formula.

Andrew Ross Sorkin’s Too Big To Fail.

Nassim Nicholas Taleb’s Fooled By Randomness and The Black Swan.


Corporate Finance: Theory


Peter Bernstein’s Capital Markets and Capital Markets Evolving.

Donald Mackenzie’s An Engine, Not A Camera and Material Markets.

John McMillan’s Reinventing The Bazaar.

Perry Mehrling’s Fischer Black and the Revolutionary Idea of Finance.


Corporate Finance: Praxis


Tanya Beder and Cara Marshall’s Financial Engineering: Evolution of a Profession.

Simon Benninga’s Financial Modeling (3rd edition) and Principles of Finance With Excel (2nd edition).

Randall Billingsley’s Understanding Arbitrage.

Aswath Damodaran’s Applied Corporate Finance.

Martin S. Fridson and Fernando Alvarez’s Financial Statement Analysis: A Practitioner’s Guide.

Tim Koller, Richard Dobbs, and Bill Huyett’s Value: The Four Cornerstones of Finance.

Jeffrey Madrick’s Age of Greed.

Jeff Madura’s International Financial Management (11th edition).

McKinsey & Company, Tim Koller, Marc Goedhart and David Wessel’s Valuation (5th edition).

Jonathan Mun’s Real Options Analysis.

Justin Pettit’s Strategic Corporate Finance.

Simon Woolley’s Sources of Value.


Mergers and Acquisitions


Connie Bruck’s The Predators’ Ball.

Robert F. Bruner’s Deals From Hell.

Robert F. Brunner and Joseph R. Perella’s Applied Mergers and Acquisitions.

Bryan Burrough and John Helyar’s Barbarians At The Gate.

Joshua Rosenbaum, Joshua Pearl, and Joshua R. Perella’s Investment Banking.




Joseph Calandro Jr.’s Applied Value Investing.

William D. Cohan’s Money and Power.

Ken Fisher’s The Only Three Questions That Still Count.

Anti Ilmanen’s Expected Returns.

Alice Schroeder’s The Snowball.

Robert Shiller’s Irrational Exuberance (2nd edition).

Meir Statman’s What Investors Really Want.

Tadas Viskanta’s Abnormal Returns.


Money and Portfolio Management


John Abbink’s Alternative Assets and Strategic Allocation.

Harold Evensky, Stephen Horan, and Thomas Robinson’s The New Wealth Management.

Richard Grinold and Ronald Kahn’s Active Portfolio Management.

Andrew Kumiega and Benjamin Van Vliet’s Quality Money Management.

John Maginn, Donald Tuttle, Dennis McLeavey, and Jerald Pinto’s Managing Investment Portfolios.

David Smith and Hanny Shawky’s Institutional Money Management.

David Swensen’s Unconventional Success and Pioneering Portfolio Management.

Richard Tortoriello’s Quantitative Strategies for Achieving Alpha.

Ralph Vince’s The Handbook of Portfolio Mathematics.

Leonard Zacks’s The Handbook of Equity Market Anomalies.


Hedge Funds


Maneet Ahuja’s The Alpha Masters.

Steven Drobny’s The Invisible Hands.

David Einhorn’s Fooling Some People All of the Time.

Ari Kiev’s Hedge Fund Masters.

Sebastian Mallaby’s One Market Under God.

Richard C. Wilson’s The Hedge Fund Book.




Mike Bellafiore’s One Good Trade.

Peter L. Brandt’s Diary of a Professional Commodity Trader.

John F. Carter’s Mastering The Trade (2nd edition).

Jared Dillian’s Street Freak.

Robert Edwards, John Magee, and W.H.C. Bassetti’s Technical Analysis of Stock Trends.

Mark Fenton-O’Creevy, Nigel Nicholson, Emma Soane and Paul Willman’s Traders: Risks, Decisions, and Management in Financial Markets.

Ari Kiev’s Trading To Win.

Charles D. Kirkpatrick II and Julie Dahlquist’s Technical Analysis (2nd edition).

Edwin Lefevre’s Reminisces of a Stock Operator.

Michael Lewis’s Liar’s Poker and The Big Short.

John J. Murphy’s Technical Analysis and the Financial Markets.

Brett Penfold’s The Universal Principles of Successful Trading.

Jack D. Schwager’s series (Market Wizards, New Market Wizards, Stock Market Wizards, and the new Hedge Fund Wizards).

Brett N. Steenbarger’s Enhancing Trader Performance and The Daily Trading Coach.


Algorithmic, High-Frequency and Quantitative Trading


Thomas Bass’s The Predictors.

Paolo Brandimarte’s Numerical Methods in Finance and Economics.

Brian Brown’s Chasing The Same Signals.

Barry Johnson’s Algorithmic Trading and DMA.

David Leinweber’s Nerds on Wall Street.

Scott Patterson’s The Quants.

Rishi K. Narang’s Inside the Black Box.

Dessislava Pachamanova and Frank Fabozzi’s Simulation and Optimisation in Finance.

Edgar Perez’s The Speed Traders.


Photo: iHeylen/Flickr.